A Milan University study estimates up to 20 million Italians are covid-19 “cases” including mildly/asymptomatic persons. So case-fatality ratio may eventually be a maximum of 50,000-60,000 deaths/20 million, or 0.25% to 0.30% mortality rate.

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https://www.thegatewaypundit.com/2020/04/milan-university-study-estimates-20-million-italians-coronavirus-case-mortality-rate-may-0-25-0-30-much-lower-predictions/